Adding value to your property with the right improvements

At this time of the year there is usually a rise in the number of people that decide to carry out work on their homes, adding a variety of improvements that can range from simply decorating the home to installing a new kitchen or bathroom and even adding a new room or extension.

Many people that carry out home improvements do so in order to improve the property investment for themselves – perhaps to add practicality and functionality or maybe to add more space. Others that carry out home improvements decide to do this in order to try and increase the value of their property.

There are a number of key improvements that can help to add value to your home as well as to create more space in your home, which is ideal if you are expanding your family or simply want to enjoy the benefits of a larger property. Some of these improvements include:

Loft conversion: A loft conversion is a great way to add more space to your home and even create a new bedroom or study. You will find that you can increase the value of your home considerably with a well finished loft conversion, so if you are selling your home in the future you can expect to get more money for it. The average increase that you can expect from adding a loft conversion is around £20,000.

Room extension: Another way to create a lot more space in your home is to opt for a room extension. This is something that many people consider if it is not practical for them to add a loft conversion or they wish to benefit from a larger room. Again, this can add a considerable amount of money in terms of value to your home, adding on an average of around £16,000.

Conservatory: Adding a conservatory is a great way of creating extra space and benefitting from a lovely room in which to relax during the summer. You can get some great deals on conservatories these days, and by adding one you can add an average of around £8200 to your home.

However, not all improvements will add value to the home, although they can still make the home more comfortable. One official stated: 'Householders should primarily do the work with the aim of creating a home they can live in and enjoy as there is no guarantee of increasing property value.'